Cryptocurrency, France and Radical Islam: Mistakes Made by Reporters

Such nuanced commentary, however, was often reduced in headline form, with American Banker running the headline, “ISIL May Be Using Bitcoin, FinCEN’s Calvery Says”.
Dubious connections
Issues began last weekend when cryptocurrency-specific industry news outlets sought to determine whether the technology may have played a role in funding the Paris attacks.
However, the media outlet published the interview under the headline “ISIL Militants Linked To France Terrorist attacks Had A Bitcoin Address with 3 Million Dollars”.
Past precedent
Also circulating as media outlets attempted to understand the issue were older reports that had sought to connect IS and digital currencies.
He went on to suggest that bitcoin’s price volatility against other currencies would make the system “risky” for terrorist groups.